$BNB Recently, BNB has performed impressively, reaching a historical high of 804 USD today, with a 24-hour increase of over 4.5% and about a 15% rise over the past week. Key drivers include:

1. BNB Chain Upgrade: Optimization of underlying performance such as Maxwell, speeding up TPS and reducing transaction fees, effectively stimulating on-chain trading activity.

2. Deflationary Burn Mechanism: The latest round of burn reached several million tokens, reducing supply and enhancing scarcity.

3. Large Institutional Buying Signals: Institutions like Nano Labs have increased their holdings of BNB, with significant on-chain inflows, restoring market confidence.

From a technical perspective, trading volume and futures positions have reached new highs, with funds continuously leaning towards long positions. If it stabilizes above 800 USD, the bullish trend is likely to continue. $BNB